104: How to Build a Scalable Real Estate Business and Design an Incredible Lifestyle with Todd Whiddon

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 8 January 2015

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

Real estate investing has the power to change your life. Today on the BiggerPockets Podcast, we chat with an investor who’s tried his hand at everything from house flipping to new construction — and much more! Our guest Todd Whiddon shares with us how he is building a massively successful business while still making big plans to achieve the life of his dreams. Listen for tips on how Todd has handled failure and come out the other side stronger for it, as well as his input on successfully building a solid team and managing a business. Whatever avenue of real estate investing you’re focusing on, don’t miss out on this episode! It’s sure to leave you inspired and motivated to take your investing to exciting new places. In This Show We Cover: How Todd got started in real estate after the collapse of this multimillion dollar company. The story of his “two starts” in real estate Flipping property after the crash The ins and outs of Todd’s “live and flip” strategy Why you might want to run a real estate business like a cabinet business Tips for building a top notch team How to successfully manage a business Problems Todd has faced in his real estate career The huge flooring mistake Todd made when he started flipping houses The details of how tax sales work Lessons on performing due diligence on a property How to transact a business the right way Plus MUCH more! Links From the Show: BiggerPockets’ Files Diary of a New Construction Project Global Leadership Organization BiggerPocket’s Flipping Book BiggerPocket’s Support (email) Diary of a POP TOP Second Story Addition Project – Todd’s Amazin BP Forum Thread Books Mentioned in the Show The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties by J. Scott The 4-Hour Workweek by Timothy Ferriss The E-Myth : Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber Getting Things Done: The Art of Stress-Free Productivity by David Allen Connect with Todd Todd’s BiggerPockets Profile Todd’s LinkedIn Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast, Show 104.
0:05.0	You're listening to Bigger Pockets Radio,
0:07.5	simplifying real estate for investors large and small.
0:11.2	If you're here looking to learn about real estate investing without all the
0:14.4	height, you're in the right place. Stay tuned and be sure to join the millions of others who have
0:20.3	benefited from bigger pocketsPockets.com.
0:23.0	Your home for real estate investing online.
0:26.0	What's going on everybody? This is Josh Dorkin, host.
0:29.0	The BiggerPockets Podcast here with my co-host.
0:32.0	Mr Brandon Turner, what up, B. It's a podcast here with my co-host.
0:33.0	Mr. Brandon Turner.
0:34.1	What up B?
0:35.0	What up, Jay.
0:35.8	How you doing?
0:36.5	I'm good.
0:37.5	I'm good.
0:38.5	I'm good.
0:39.5	It's, you know, it's that time of year out here in Washington where it's depressing and the sun doesn't shine but it's all right
0:45.4	So it could be pretty much any day of the year
0:48.4	Pretty much okay. How about you how how's Denver treating you? It's good. It's cold again. I I'm a little sick so you know I'm a little whiny about that
0:57.9	But you know?
0:59.9	Whyny? No Josh Dorkin doesn't whine.
	...

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